Castello Company begins the month of March with $17,000 of work in process costs from Job 324. Information from job cost sheets shows the following additional costs assigned during March, April, and May of 2010:

Manufacturing Costs Assigned

Job No. March April May

324 $26,000

325 120,000 $23,000 $15,000

326 41,000 11,000

327 16,000 34,000

328 29,000 46,000

Job 324 was completed in March. Jobs 325 and 327 were completed in May, and Job 326 was completed in April. Jobs are sold during the month after completion. Total revenue for jobs sold during the 3-month period is $145,000.

Calculate the balances of the work in process and finished goods inventory accounts at the end of May. Enter your answers on the answer sheet.